Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The facial rejuvenation market is significantly shaped by the demographic trend of an aging population. As people age, there is a natural increase in the demand for cosmetic procedures to address wrinkles, fine lines, and sagging skin, driving the growth of the facial rejuvenation market.
New ways to improve a person's face without surgery have helped the market grow. Inventions like laser treatment, liquid peels and injections are less harmful choices. They take less time to recover from down the road. This attracts more people and helps markets grow bigter.
People focusing more on looking good and how they appear is a main reason for the market of making faces look young. People care more about looking good now. This is because of what society thinks and social media. So, people are asking for cosmetic treatments to look younger a lot right now.
The extra money people have all over the world gives them more options to spend on looks, including treatments that make faces look younger. As money issues get better, more people want to spend on things that make them look good. This has a positive effect in the market.
The chances to get face-lifts have grown, helping the market grow. As these treatments are offered more often by beauty centers and doctors' relaxing places, a bigger group of people can get face refreshing choices. This helps make the market want them even more.
People's ideas about getting older help in forming the market for making faces look younger. In places where being young is really important, more people are okay with getting cosmetic work done to fight the clear signs of growing older. This also changes how markets go and what's popular.
Famous people's approval and the effect of important social media users make a big change on the face refresh market. Public people talking openly about these treatments can help raise awareness and acceptance. They encourage more people to think about different ways of making their faces look younger.
Combining things like laser therapy with radio or sound waves has made face lifting solutions better and more complete. This combining of technology also draws both buyers and users, pushing the market ahead.
People want natural-looking results, so products and methods for making faces look younger have been improving. People are moving towards treatments that give small improvements, showing they want changes to look good without being too fake.
Following safety rules and dealing with regulations are very important in how markets work. Strict rules make face improvements safe. This gives buyers and doctors peace of mind, helping the market keep growing over time.
Ongoing innovations in product formulations, such as advanced dermal fillers and neurotoxins, contribute to the efficacy and safety of facial rejuvenation procedures. The continuous development of high-quality products attracts healthcare professionals and patients alike, fostering market expansion.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 7.1% (2023-2032 |
Facial Rejuvenation Market Highlights:
Facial Rejuvenation Market Overview
Facial rejuvenation market is expected to reach USD 0.03 Billion at a 7.1% CAGR by 2032. Facial rejuvenation is a type of cosmetic treatment that uses non-invasive or minimally invasive procedures to restore the skin elasticity and improve the appearance of the skin. Growing demand for non-invasive aesthetic procedures, technological advancements by market players and changing lifestyle of the urban population are the key factors that are expected to drive the market growth. Moreover, the rising demand for quick results & shorter treatment durations and increasing popularity & awareness regarding facial rejuvenation are also expected to boost market growth.
Facial Rejuvenation Market Trends
The increasing popularity of facial rejuvenation over invasive cosmetic procedures is expected to increase the demand for procedures.
Facial Rejuvenation Market Drivers
- Cost-effective alternative to cosmetic surgeries. In comparison to cosmetic surgeries, dermal fillers prove to be more reliable, affordable, and cost-effective. In 2018, the fees incurred by practitioners for facelift surgery was about USD 7,655, whereas, fees for facial rejuvenation using hyaluronic acid was just USD 682 in the US. This data demonstrates that fees of dermal fillers are quite low when compared to surgery, thus, increasing the preferability rates of dermal fillers.
- Rising demand for non-invasive aesthetic procedures
- Increasing R&D expenditure by companies to develop advanced treatments
- Change in the lifestyle of the urban population
- Rising demand for quick results and shorter treatment durations
- Growing awareness and popularity regarding facial rejuvenation
- Deeper penetration of cosmetic products in the local markets
Facial Rejuvenation Market Restraints
- Side effects associated with dermal fillers
- Lack of skilled professionals
- Growing availability of fraudulent products
- Lack of knowledge regarding product efficacy
- Improper standardization of regulations
Facial Rejuvenation Market Segmentation
By Product Type
- Botulinum Toxin: Increasing the number of product approvals and rising acceptance of botulinum toxin by consumers is expected to drive the market growth for the segment.
- Dermal Fillers: This segment held the largest market share in 2018 owing to its growing demand globally, increasing use of dermal fillers by the cosmetic surgeons, and its cost-effectiveness over other alternatives. Dermal Fillers are further segmented into hyaluronic acid, polymers & particles, calcium hydroxyapatite, and collagen.
- Chemical Peels: The rising popularity of chemical peels due to its regenerative effect on the skin is anticipated to drive the market growth.
- Topical Skin Care Products: Easy accessibility and usage over other products is expected to drive the market growth
- Skin Rejuvenation Devices: Technological advancements, wide adoption in the cosmetic industry, and long-lasting effects of the procedures are anticipated to drive the market growth. This segment is further segmented into intense pulsed light, microdermabrasion, laser-based devices, and ultrasound.
By End-User
- Hospitals and Clinics: This segment is expected to grow significantly, owing to the rising patient population.
- Dermatology Clinics: This segment is expected to demonstrate the fastest growth owing to its increasing popularity in developing countries.
- Others: This includes research and academic instituted and beauty centers, among others.
By Region
- Americas: The largest regional market. Increase in the number of minimally invasive cosmetic procedures, high per capita disposable income, and increasing awareness about procedures related to dermal fillers. For instance, in 2017, about 17.5 million surgical and minimally invasive cosmetic procedures were performed in the US, with a 2% increase in the number of procedures over 2016. Thus, the demand for facial rejuvenation procedures has been increasing in the region, hence driving the market growth.
- Europe: The Facial Rejuvenation market in Europe held the second-largest position in 2018 owing to the increasing acceptance of new aesthetic products and the increasing number of product approvals & availability of products across the region.
- Asia-Pacific: The fastest-growing regional market. The growth of the facial rejuvenation market in this region is owing to rising per capita disposable income, escalating demand of facial aesthetics products, and increasing awareness about non-invasive cosmetic procedures available in the market.
- Middle East & Africa: The market is expected to show the lowest growth due to limited access to treatment facilities and limited developments in technology.
Facial Rejuvenation Market Key Players
- Allergan (Ireland)
- Merz Pharma (Germany)
- Galderma (Switzerland)
- Lumenis (US)
- Revance (US)
- Contura Ltd (US)
- Anika Therapeutics, Inc. (US)
- Fibrocell Science, Inc. (US)
- Cynosure, A Hologic Company (US)
- Daewoong Co. Ltd (South Korea)
- Sinclair Pharma (UK)
- Teoxane Laboratories (Switzerland)
- Suneva Medical (US)
- Solta Medical, a Subsidiary of Bausch Health Companies (US)
- SciVision Biotech Inc. (Taiwan)
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
